Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka Central Bank has put multiple effort to reduce the domestic borrowing cost to boost the economy

Exchange RateJun 16, 2020
Sri Lanka Central Bank has put multiple effort to reduce the domestic borrowing cost to boost the economy
Sri Lanka interest rates (Treasury Bill rate) have fallen by 1.5% while New Bank Lending rates also have fallen by 1.13% by April as per the latest data. AWPR has fallen from 9.94% (end December) to 8.90% (June). CBSL has cut benchmarked interest rate multiple times and SRR while printing over LKR 243Bn from End December to June. Meantime they have kept excess liquidity elevated from LKR 36Bn from end December to LKR 80Bn in June. Yet the growth is slow.

Disclaimer

Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.